Microsoft Looking to Increase Development Investment

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November 7th, 2017GamespotUncategorized

Head of Xbox Phil Spencer speaking with Bloomberg in an interview revealed that Microsoft is looking into increasing its investment into developing more games. This could mean opening up new studios or acquiring existing ones.

"We need to grow, and I look forward to doing that," Spencer said. "Our ability to go create content has to be one of our strengths. We haven’t always invested at the same level. We’ve gone through ups and downs in the investment."

Spencer added that Microsoft is looking into launching a streaming service that would not require a console in the next three years. Microsoft did an internal trial in 2012, however, the service at the time was too costly and did not make it to market. Microsoft's Azure cloud service improvements over the past few years is helping make it more viable.

The more powerful Xbox One, the Xbox One X, launches today, November 7.

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.